Insurance for Companies Building the Future.
A data breach can break customer trust. A software error can trigger a costly claim. Damage to your equipment can bring operations to a halt. Explore insurance options for the financial consequences.
Coverage is subject to underwriting, policy terms, limits and exclusions. These examples illustrate possible exposures, not confirmation that a loss is covered.
Cyber Insurance
What it is
Cyber insurance may help with the costs of responding to a security or privacy incident and related third-party claims, subject to policy terms.
A company’s systems are breached and customer data is exposed.
Who needs it
- Businesses handling customer or employee data
- SaaS, fintech and connected infrastructure operators
Key exposures
- Data breaches
- Ransomware
- Privacy incidents
- Network security failures
- Cyber business interruption
- Third-party cyber liability
What may be covered
- Incident response and forensic investigation
- Notification and data restoration costs
- Covered cyber interruption losses
- Defense costs and covered third-party liability
Subject to policy terms and underwriting.
Tech E&O
What it is
Technology errors and omissions insurance addresses certain claims alleging that a technology product or professional service caused a client financial loss.
A software failure causes an enterprise client to suffer financial loss.
Who needs it
- Software developers and SaaS platforms
- IT consultants, systems integrators and enterprise technology providers
Key exposures
- Software errors
- Failed implementations
- Service failures
- Integration failures
- SLA issues
- Client financial losses
- Professional negligence
What may be covered
- Defense of covered negligence claims
- Covered compensation for client financial loss
- Specified errors in technology products or services
Subject to policy terms and underwriting.
AI Liability
What it is
AI-related exposures may be addressed through specialist coverage or suitable extensions to technology liability policies. Scope varies by insurer, use case and underwriting; AI-related losses are not automatically covered.
An AI agent performs an incorrect action that causes financial loss to an enterprise customer.
Who needs it
- AI developers, model providers and agent platforms
- Companies deploying AI into customer-facing or automated workflows
Key exposures
- Incorrect AI responses
- AI hallucinations
- Automated decision errors
- Wrong autonomous actions
- Algorithm failures
- Third-party financial loss
What may be covered
- Covered third-party financial loss claims
- Defense of specified AI-related liability claims
- Certain errors in insured AI products or services
Subject to policy terms and underwriting.
D&O
What it is
Directors and officers liability insurance may protect insured individuals and, in defined circumstances, the company against claims alleging wrongful management acts.
Investors allege that directors misrepresented company performance during a fundraising round.
Who needs it
- Companies with external or institutional investors
- Boards, directors and executive leadership teams
Key exposures
- Investor claims
- Regulatory matters
- Employee claims
- Management decisions
- Shareholder claims
What may be covered
- Defense costs for covered management claims
- Covered settlements and judgments
- Specified company reimbursement; employment or regulatory extensions where agreed
Subject to policy terms and underwriting.
Commercial General Liability
What it is
Commercial general liability insurance may respond when business activities lead to covered third-party bodily injury or physical property damage.
A visitor is injured at your office and makes a claim against the business.
Who needs it
- Businesses with offices or customer visits
- Infrastructure operators and companies with physical operations
Key exposures
- Third-party bodily injury
- Third-party property damage
- Premises liability
- Physical operations
What may be covered
- Defense of covered bodily injury claims
- Covered third-party property damage liability
- Certain premises and operational liabilities
Subject to policy terms and underwriting.
Property Insurance
What it is
Property insurance may cover physical loss or damage to insured assets from specified causes, subject to declared values, conditions and exclusions.
A fire damages server equipment and the facility housing it.
Who needs it
- Data centers and infrastructure businesses
- Companies owning equipment, servers, offices or facilities
Key exposures
- Servers
- Equipment
- Offices
- Facilities
- Data centers
- Infrastructure
What may be covered
- Repair or replacement of insured assets
- Specified building and equipment damage
- Agreed extensions for relevant assets
Subject to policy terms and underwriting.
Business Interruption
What it is
Business interruption insurance may protect against covered loss of income when insured physical damage disrupts operations. Cyber interruption generally requires separate cyber coverage.
An insured fire closes a facility, reducing revenue during the restoration period.
Who needs it
- Companies dependent on physical facilities or equipment
- Data centers and businesses with material ongoing operating costs
Key exposures
- Lost income after insured damage
- Continuing fixed expenses
- Extra costs to restore operations
What may be covered
- Covered loss of gross profit or income
- Specified ongoing expenses
- Agreed extra expenses during the indemnity period
Subject to policy terms and underwriting.
Motor Vehicle
What it is
Commercial motor insurance may address accidental damage and certain third-party liabilities involving declared business vehicles, subject to the selected policy.
A company service vehicle is damaged in a road accident while visiting a client.
Who needs it
- Companies with owned business vehicles
- Technology and infrastructure teams with service fleets
Key exposures
- Accidental vehicle damage
- Theft
- Third-party liability
- Business fleet exposure
What may be covered
- Covered accidental damage to insured vehicles
- Specified theft or loss
- Agreed third-party liability benefits
Subject to policy terms and underwriting.